Equity Research Associate – Consumer & Retail

Job Description:

Guggenheim Securities (“GS”) is seeking a sell-side Equity Research Associate to join its Consumer & Retail Equity Research team. This person will be responsible for following the progress of public and private retail & consumer companies and supporting the Senior Research Analyst(s). In addition to excellent writing skills, financial modeling and communication skills, the ideal candidate will demonstrate high aptitude for gathering and synthesizing relevant primary market data. Candidate must be able to demonstrate a willingness to conduct ongoing independent market research and related industry networking. The ability to convey an investment message through a written research report is key to the success of this hire.

Essential Job Functions

• Analyze individual retail & consumer companies and market trends
• Conduct primary research, including but not limited to: financial analysis, due diligence on industry trends, company management, and strategies
• Draft reports/notes on relevant investment themes, events, and breaking news
• Build and maintain detailed financial models
• Prepare regular written research reports that summarize the findings of analysis, including estimates of expected current year business results
• Provide support to the Senior Analyst(s) through fundamental analysis with an emphasis on original, research in the retail & consumer sector
• Contribute to building valuation models
• Update analyst marketing handout regularly
• Organize calls for investors and investor events
• Interact with the Firm’s institutional sales force and investor clients
• Respond to client and internal inquiries regarding research findings and directives

Preferred Qualifications

• Fluency in modeling financial statements
• Comfortable with large data sets and reporting
• Understanding of the capital markets and stock markets, and a passion for investing
• Excellent written and oral communication skills to successfully convey investment messages, ideas, or nuances to team members, salespeople, and/or traders
• Outstanding analytical skills; ability to conduct deep primary research, analysis, and draw conclusions from information
• Strong interpersonal relationship skills and style conducive to building relationships
• Ability to thrive in a fast- paced, deadline-driven environment; self-starter with a proven commitment to producing high quality work
• Team oriented, unquestionable honesty and integrity, intellectual curiosity, and dedication to providing clients with the best research and service
• Ability to deliver under pressure and meet deadlines effectively

Basic Qualifications

• Ba/Bs Degree

• Proficient in Microsoft Office, Excel, PowerPoint, and Word
• Must have or obtain FINRA licenses within 6 months of hire: Securities Industry Essentials exam; Series 86, 87 and 63.

Work Location

• Currently, this role is expected to be in the ­­­­New York office at least 4 days per week. 

Salary

• Annual base salary between $100,000 and $165,000.
• The base salary range represents the low and high end of the anticipated base salary range for this position. Actual base salaries may vary depending on factors such as location and experience. The range listed reflects base salary only, and the total compensation package may include other components such as incentive compensation.

About Us:

Guggenheim Securities is the investment banking and capital markets business of Guggenheim Partners, a global investment and advisory firm. Guggenheim Securities offers services that fall into four broad categories: Advisory, Financing, Sales and Trading, and Research. Guggenheim Securities is headquartered in New York, with additional offices in Chicago, Boston, Atlanta, San Francisco, and Houston.

For more information, please visit GuggenheimSecurities.com, follow us on LinkedIn or contact us at GSLateralRecruiting@guggenheimpartners.com or 212.518.9200.

Guggenheim Securities, LLC (“GS”) does not accept unsolicited resumes or applications. GS considers any resume or application to be unsolicited if (a) received from an entity or individual without a current recruiting agreement with GS or (b) submitted to anyone at the firm other than through the process set forth in the recruiting agreement between GS and the submitting entity or individual, and GS will not pay a fee to any entity or individual for such submission.